South Dakota Statutes
§ 9-27-8 — Proceeds of sale applied to payment of liens--Cancellation of unpaid balance.
Such municipality shall hold real estate acquired pursuant to § 9-27-2 as a trustee for itself and any other taxing unit having a lien thereon, and upon a sale of said real estate all such liens shall be paid in their order of priority. When all the money received less costs has been applied upon the payment of the tax liens, if there be any unpaid balance left, it shall be canceled.
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South Dakota § 9-27-8 (Proceeds of sale applied to payment of liens--Cancellation of unpaid balance.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1935, ch 156, § 3; SDC 1939, § 45.2120.
Nearby Sections
15
§ 9-1-1
Definition of terms.§ 9-1-9
Repealed.